The UK continued to issue £4.25 billion of treasury bonds due in 2056, with an issuance yield of 5.8168%, the highest level paid by the British government since the establishment of the UK Debt Authority in 1998. According to people familiar with the matter, the price of this transaction is 0.75 basis points higher than the 4.25% coupon rate and the yield on British Treasury bonds due in December 2055. In the end, it was subscribed for £85 billion. The subscription multiplier was 20 times, and the bond's coupon interest was 5.375%. The joint lead operators of this transaction were Bank of America Securities, Goldman Sachs International Bank, J.P. Morgan Chase, Santander Bank, and UBS Investment Bank.

Zhitongcaijing · 1d ago
The UK continued to issue £4.25 billion of treasury bonds due in 2056, with an issuance yield of 5.8168%, the highest level paid by the British government since the establishment of the UK Debt Authority in 1998. According to people familiar with the matter, the price of this transaction is 0.75 basis points higher than the 4.25% coupon rate and the yield on British Treasury bonds due in December 2055. In the end, it was subscribed for £85 billion. The subscription multiplier was 20 times, and the bond's coupon interest was 5.375%. The joint lead operators of this transaction were Bank of America Securities, Goldman Sachs International Bank, J.P. Morgan Chase, Santander Bank, and UBS Investment Bank.